Defend Colorado FY2023 filing

Centennial, COUnknown exempt organizationEIN 83-3211413

The purpose of the organization is to conduct research and analysis of conditions affecting the colorado state economy and promote policies that strengthen the state economy.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average deficit $50K a year · 2% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $690K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 1 voting members
Looks good: 1 of 1 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.0M
+108% vs prior year
Spent
$3.2M
To programs
100%
Net assets
$29K
By yearFY2021–FY2024
Revenue
$3.0M
FY2023▲ +108%
Revenue by fiscal year
FY2021$3.3M
FY2022$1.4M
FY2023$3.0M
FY2024$905K
Expenses
$3.2M
FY2023▼ -5%
Expenses by fiscal year
FY2021$1.3M
FY2022$3.4M
FY2023$3.2M
FY2024$911K
Net assets
$29K
FY2023▼ -89%
Net assets by fiscal year
FY2021$2.2M
FY2022$256K
FY2023$29K
FY2024$22K

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $3.2M Management & general 0% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
See Defend Colorado executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Researches and analyzes Colorado's economy, promoting policies to strengthen it.

Provided by the organization

This section is blank until Defend Colorado claims this page.

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1 program service account for $3.2M of program spending, described in the organization's own filed words · FY2023.
01

General education and litigation program opposing state legislation and policies that negatively impact the colorado state economy.

$3.2Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Advance ColoradoFY2024$500K
Total grants receivedfrom 3 funders$690K
See all 3 funders →
Grants paid · 16 grants · $6.1M · 2021–2024
Unite for ColoradoCO · FY2024$109,271
Safety and Justice for All PAFY2024$95,000
Aurorans for Safe and ProsperousFY2023$626,000
No on HhFY2023$600,000
Voter Approval on Proprty Tax INCFY2023$600,000
Unite for ColoradoCO · FY2023$525,000
Citizens for Responsible LeadershipFY2023$465,000
Citizens for Protecting Our WaterFY2023$100,000
Citizens for Elizabeth Property RightsFY2023$46,875
Defend IecFY2022$1,316,250
Unite for ColoradoCO · FY2022$994,489
Colorado CharacterFY2021$250,000
Lets DO Better Issue CommitteeFY2021$117,500
Enough Taxes Already Issue CommitteeFY2021$112,799
Safe and Sound DenverCO · FY2021$90,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$3.0M
Ln 12
Gifts and grantsLn 1h$3.0M
Investment incomeLn 3$1K
Money outPt IX
$3.2M
Ln 25
Programscol B$3.2M
Managementcol C$7K
Owns and owesPt X
$29K
net assets · Ln 32
Cash and savingsLn 1–2$29K
Total assetsLn 16$29K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a1
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.0M
Investment incomeLn 3$1K
Total revenueLn 12$3.0M
Assets in detailPt X, end of year
CashLn 1$29K
Cash and savings togetherLn 1–2$29K
Total assetsLn 16$29K
LiabilitiesLn 26$0
Net assetsLn 32$29K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$256K$29K
Total assetsLn 16$256K$29K
LiabilitiesLn 26$0$0
Net assetsLn 32$256K$29K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3.0M$3.0M
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$250K$250K
Office expensesLn 13$5K$5K
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$3.2M$3.2M$7K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $905K$911K−$6K$22K 990 PDF
FY2023 Viewing $3.0M$3.2M−$228K$29K 990 PDF
FY2022 $1.4M$3.4M−$1.9M$256K 990 PDF
FY2021 $3.3M$1.3M$2.0M$2.2M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $2,994,012 across 3 lines filed
Lines not itemized here account for $1,312 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$2,992,700
VIII-1h Total contributions, gifts and grants$2,992,700
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,312$2,994,012
Part IX · Statement of functional expenses $3,221,696 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $2,962,875$2,962,875
IX-11c Accounting feesPrograms $2,315$2,315
IX-11g Other fees for servicesPrograms $249,642$249,642
IX-13 Office expensesManagement $5,025$5,025
IX-24 Other expenses (24a–d)Management $1,839$1,839
IX-25 Total functional expensesPrograms $3,214,832 · Management $6,864 · Fundraising $0$3,221,696
Part X · Balance sheet $28,646 assets, 5 lines filed
X-1 Cash, non-interest-bearingStart of year $256,330$28,646
X-16 Total assetsStart of year $256,330$28,646
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $256,330$28,646
X-33 Total liabilities and net assetsStart of year $256,330$28,646
Part XI · Reconciliation of net assets $28,646 net assets at year end
XI-1 Total revenue$2,994,012
XI-2 Total expenses$3,221,696
XI-3 Revenue less expenses−$227,684
XI-4 Net assets at start of year$256,330
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$28,646

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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